Cathi Raffaeli Joins RE/MAX Holdings Board of Directors
RE/MAX Holdings, Inc., a global leader in real estate brokerage franchising, recently announced the appointment of Cathi Raffaeli to its Board of Directors. Raffaeli brings over 25 years of experience in board leadership across financial services, technology, and education to her new role. She will also serve on the Compensation and Audit committees, succeeding retiring Board member Kathleen Cunningham.
Raffaeli’s impressive track record of driving growth and leading organizations made her a standout candidate for the position. Dave Liniger, Chairman of the Board, expressed confidence in Raffaeli’s ability to make significant contributions to the company. Her diverse experience and strategic insight align perfectly with the company’s goals, making her a valuable addition to the team.
Currently, Raffaeli serves as CEO and Managing Director at Hamilton White Group LLC and Soho Venture Partners Inc., where she focuses on financial strategies and investments. She is also involved with Abrdn PLC, overseeing a $500 billion asset manager with a notable global real estate portfolio. Raffaeli’s previous board roles include serving on the boards of the Federal Home Loan Bank of New York and American Home Mortgage Investment Corp.
Raffaeli’s early career at Merrill Lynch Realty provided her with crucial experience in real estate finance and brokerage operations, setting the stage for her leadership roles in the mortgage industry. She held significant positions at various financial institutions, including Chase/Chemical Bank, where she directed marketing for the mortgage division and established its groundbreaking telemarketing division.
In a statement, Raffaeli expressed her excitement about joining the RE/MAX Holdings Board of Directors. She highlighted the company’s focus on innovation, strategic growth, and support for franchisee success as values that align with her professional ethos. Raffaeli looks forward to contributing to the Board’s objectives of enhancing technological capabilities, expanding market reach, and fostering an entrepreneurial culture within the real estate and mortgage brokerage industries.
Raffaeli’s appointment comes as she succeeds Kathy Cunningham, who retired on the same day. Cunningham, who joined the Board in 2013 and chaired the Audit Committee for nearly 11 years, was praised for her remarkable dedication and service. Dave Liniger expressed the Board’s heartfelt appreciation for Cunningham’s insightful guidance and unwavering commitment, acknowledging her instrumental role in steering the company through various challenges and opportunities.
RE/MAX Holdings, Inc., founded in 1973 by Dave and Gail Liniger, is one of the world’s leading franchisors in the real estate industry. With a presence in more than 110 countries and territories, RE/MAX boasts over 140,000 agents in nearly 9,000 offices. The company’s innovative and entrepreneurial culture allows its agents and franchisees to operate with great independence. In addition to franchising real estate brokerages globally under the RE/MAX brand, the company also franchises mortgage brokerages within the U.S. under the Motto Mortgage brand.
Dedicated to innovation and change in the real estate industry, RE/MAX launched Motto Franchising, LLC in 2016, a ground-breaking mortgage brokerage franchisor. Motto Mortgage, the first-and-only national mortgage brokerage franchise brand in the U.S., has grown to over 225 offices across more than 40 states.
In conclusion, Cathi Raffaeli’s appointment to the RE/MAX Holdings Board of Directors marks an exciting new chapter for the company. With her wealth of experience and strategic insight, Raffaeli is poised to make significant contributions to the company’s growth and success. As she takes on her new role, Raffaeli’s leadership will undoubtedly help steer RE/MAX Holdings towards continued innovation and excellence in the real estate and mortgage brokerage industries.